mgm television (europe) limited
mgm television (europe) limited Company Information
Company Number
03472097
Website
-Registered Address
12 helmet row, london, EC1V 3QJ
Industry
Other amusement and recreation activities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
metro-goldwyn-mayer studios inc. 100%
mgm television (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of MGM TELEVISION (EUROPE) LIMITED at £1.7m based on a Turnover of £1.4m and 1.21x industry multiple (adjusted for size and gross margin).
mgm television (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of MGM TELEVISION (EUROPE) LIMITED at £1.3m based on an EBITDA of £224k and a 5.9x industry multiple (adjusted for size and gross margin).
mgm television (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of MGM TELEVISION (EUROPE) LIMITED at £15.5m based on Net Assets of £5.9m and 2.62x industry multiple (adjusted for liquidity).
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Mgm Television (europe) Limited Overview
Mgm Television (europe) Limited is a live company located in london, EC1V 3QJ with a Companies House number of 03472097. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in November 1997, it's largest shareholder is metro-goldwyn-mayer studios inc. with a 100% stake. Mgm Television (europe) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Mgm Television (europe) Limited Health Check
Pomanda's financial health check has awarded Mgm Television (Europe) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £1.4m, make it larger than the average company (£424.4k)
£1.4m - Mgm Television (europe) Limited
£424.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (10.2%)
- Mgm Television (europe) Limited
10.2% - Industry AVG
Production
with a gross margin of 96.7%, this company has a lower cost of product (61.6%)
96.7% - Mgm Television (europe) Limited
61.6% - Industry AVG
Profitability
an operating margin of 16.2% make it more profitable than the average company (9.3%)
16.2% - Mgm Television (europe) Limited
9.3% - Industry AVG
Employees
with 26 employees, this is above the industry average (11)
- Mgm Television (europe) Limited
11 - Industry AVG
Pay Structure
on an average salary of £1k, the company has a lower pay structure (£18.5k)
- Mgm Television (europe) Limited
£18.5k - Industry AVG
Efficiency
resulting in sales per employee of £53.3k, this is equally as efficient (£53.5k)
- Mgm Television (europe) Limited
£53.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (9 days)
1 days - Mgm Television (europe) Limited
9 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mgm Television (europe) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mgm Television (europe) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (88 weeks)
11 weeks - Mgm Television (europe) Limited
88 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.9%, this is a higher level of debt than the average (32.9%)
45.9% - Mgm Television (europe) Limited
32.9% - Industry AVG
MGM TELEVISION (EUROPE) LIMITED financials
Mgm Television (Europe) Limited's latest turnover from December 2023 is £1.4 million and the company has net assets of £5.9 million. According to their latest financial statements, we estimate that Mgm Television (Europe) Limited has 26 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,385,000 | 8,791,000 | 7,836,000 | 3,051,272 | 2,808,657 | 2,370,046 | 2,129,865 | 2,036,797 | 1,778,121 | 1,957,551 | 2,517,317 | 1,302,561 | 1,964,833 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 46,000 | 73,000 | 116,000 | 2,886 | 119,548 | 0 | |||||||||
| Gross Profit | 1,339,000 | 8,718,000 | 7,720,000 | 3,048,386 | 2,689,109 | 2,370,046 | |||||||||
| Admin Expenses | 1,115,000 | 8,069,000 | 2,822,579 | 2,493,519 | 2,196,987 | ||||||||||
| Operating Profit | 224,000 | 649,000 | 225,807 | 195,590 | 173,059 | 157,768 | 150,874 | 131,713 | 145,004 | 186,468 | 96,487 | 145,543 | |||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 28 | 9 | 0 | 22 | 275 | 75 | 120 | 346 | ||
| Interest Receivable | 4,000 | 0 | 0 | 131 | 159 | 333 | 9 | 51 | 30 | 22 | 357 | 39 | 56 | ||
| Pre-Tax Profit | 228,000 | 649,000 | 581,000 | 225,938 | 195,749 | 173,364 | 157,768 | 150,925 | 131,721 | 144,751 | 186,750 | 96,406 | 145,253 | ||
| Tax | -21,000 | -71,000 | 0 | 47,355 | -47,602 | -21,037 | 9,748 | -38,752 | -35,596 | -40,827 | -57,066 | -34,141 | -62,839 | ||
| Profit After Tax | 207,000 | 578,000 | 581,000 | 273,293 | 148,147 | 152,327 | 167,516 | 112,173 | 96,125 | 103,924 | 129,684 | 62,265 | 82,414 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 207,000 | 578,000 | 581,000 | 273,293 | 148,147 | 152,327 | 167,516 | 112,173 | 96,125 | 103,924 | 129,684 | 62,265 | 82,414 | ||
| Employee Costs | 27,000 | 5,979,000 | 5,662,000 | 1,982,341 | 1,702,474 | 1,442,107 | 1,208,068 | 1,203,375 | 1,014,869 | 1,091,545 | 1,573,917 | 713,668 | 1,144,791 | ||
| Number Of Employees | 39 | 38 | 32 | 19 | 16 | 15 | 12 | 11 | 11 | 10 | 13 | 10 | 12 | 12 | |
| EBITDA* | 224,000 | 649,000 | 225,807 | 195,590 | 173,059 | 157,768 | 150,874 | 131,713 | 145,004 | 186,468 | 96,487 | 145,543 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 167 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 167 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,000 | 0 | 28,000 | 311 | 1,336 | 1,614 | 1,724 | 0 | 0 | 5,944 | 0 | 146 | 188 | 101 | 2,313 |
| Group Debtors | 9,810,000 | 8,412,000 | 7,063,000 | 6,506,553 | 5,596,539 | 5,316,275 | 4,595,651 | 4,047,695 | 3,502,855 | 3,181,595 | 0 | 0 | 2,320,501 | 1,310,518 | 4,232,200 |
| Misc Debtors | 3,000 | 300,000 | 243,000 | 290,134 | 375,144 | 121,120 | 167,670 | 46,311 | 83,319 | 42,751 | 3,293,612 | 2,725,139 | 48,224 | 62,069 | 109,484 |
| Cash | 1,143,000 | 292,000 | 436,000 | 159,379 | 167,695 | 82,069 | 184,800 | 173,197 | 121,624 | 176,526 | 24,963 | 48,523 | 88,690 | 436,335 | 70,390 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,960,000 | 9,004,000 | 7,770,000 | 6,956,377 | 6,140,714 | 5,521,078 | 4,949,845 | 4,267,203 | 3,707,798 | 3,406,816 | 3,318,575 | 2,773,808 | 2,457,603 | 1,809,023 | 4,414,387 |
| total assets | 10,960,000 | 9,004,000 | 7,770,000 | 6,956,377 | 6,140,714 | 5,521,078 | 4,949,845 | 4,267,203 | 3,707,798 | 3,406,983 | 3,318,575 | 2,773,808 | 2,457,603 | 1,809,023 | 4,414,387 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 7,000 | 35,000 | 16,302 | 50,709 | 13,620 | 16,300 | 8,104 | 10,074 | 10,630 | 10,771 | 1,326 | 10,389 | 7,124 | 2,021 |
| Group/Directors Accounts | 4,579,000 | 4,934,000 | 4,416,000 | 4,134,922 | 3,504,321 | 3,600,348 | 3,070,548 | 0 | 0 | 0 | 2,283,038 | 1,844,028 | 1,488,014 | 1,104,246 | 3,764,848 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 449,000 | 233,000 | 67,000 | 134,279 | 413,760 | 52,707 | 3,352,435 | 2,826,136 | 2,417,088 | 2,283,233 | 23,819 | 23,632 | 158,302 | 26,439 | 38,569 |
| total current liabilities | 5,028,000 | 5,174,000 | 4,518,000 | 4,285,503 | 3,968,790 | 3,666,675 | 3,368,735 | 2,834,240 | 2,427,162 | 2,293,863 | 2,317,628 | 1,868,986 | 1,656,705 | 1,137,809 | 3,805,438 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,028,000 | 5,174,000 | 4,518,000 | 4,285,503 | 3,968,790 | 3,666,675 | 3,368,735 | 2,834,240 | 2,427,162 | 2,293,863 | 2,317,628 | 1,868,986 | 1,656,705 | 1,137,809 | 3,805,438 |
| net assets | 5,932,000 | 3,830,000 | 3,252,000 | 2,670,874 | 2,171,924 | 1,854,403 | 1,581,110 | 1,432,963 | 1,280,636 | 1,113,120 | 1,000,947 | 904,822 | 800,898 | 671,214 | 608,949 |
| total shareholders funds | 5,932,000 | 3,830,000 | 3,252,000 | 2,670,874 | 2,171,924 | 1,854,403 | 1,581,110 | 1,432,963 | 1,280,636 | 1,113,120 | 1,000,947 | 904,822 | 800,898 | 671,214 | 608,949 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 224,000 | 649,000 | 225,807 | 195,590 | 173,059 | 157,768 | 150,874 | 131,713 | 145,004 | 186,468 | 96,487 | 145,543 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -21,000 | -71,000 | 0 | 47,355 | -47,602 | -21,037 | 9,748 | -38,752 | -35,596 | -40,827 | -57,066 | -34,141 | -62,839 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,105,000 | 1,378,000 | 537,002 | 823,979 | 534,010 | 673,964 | 671,039 | 507,832 | 355,884 | -63,322 | 568,327 | 356,372 | 996,225 | 1,372,688 | 4,343,997 |
| Creditors | -7,000 | -28,000 | 18,698 | -34,407 | 37,089 | -2,680 | 8,196 | -1,970 | -556 | -141 | 9,445 | -9,063 | 3,265 | 7,124 | 2,021 |
| Accruals and Deferred Income | 216,000 | 166,000 | -67,279 | -279,481 | 361,053 | -3,299,728 | 526,299 | 409,048 | 133,855 | 2,259,414 | 187 | -134,670 | 131,863 | 26,439 | 38,569 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -693,000 | -662,000 | -3,703,210 | 11,444 | 51,268 | -55,069 | 2,434,717 | -462,578 | -395,928 | -731,695 | -1,276,779 | -4,220,703 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -167 | 167 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -355,000 | 518,000 | 281,078 | 630,601 | -96,027 | 529,800 | 3,070,548 | 0 | 0 | -2,283,038 | 439,010 | 356,014 | 383,768 | 1,104,246 | 3,764,848 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 4,000 | 0 | 0 | 131 | 159 | 305 | 0 | 51 | 8 | -253 | 282 | -81 | -290 | ||
| cash flow from financing | 1,544,000 | 518,000 | 281,204 | 529,931 | 3,070,707 | 305 | 0 | -2,282,987 | 439,018 | 355,761 | 384,050 | 1,713,114 | 4,291,093 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 851,000 | -144,000 | 276,621 | -8,316 | 85,626 | -102,731 | 11,603 | 51,573 | -54,902 | 151,563 | -23,560 | -40,167 | -347,645 | 436,335 | 70,390 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 851,000 | -144,000 | 276,621 | -8,316 | 85,626 | -102,731 | 11,603 | 51,573 | -54,902 | 151,563 | -23,560 | -40,167 | -347,645 | 436,335 | 70,390 |
mgm television (europe) limited Credit Report and Business Information
Mgm Television (europe) Limited Competitor Analysis
Perform a competitor analysis for mgm television (europe) limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
mgm television (europe) limited Ownership
MGM TELEVISION (EUROPE) LIMITED group structure
Mgm Television (Europe) Limited has no subsidiary companies.
Ultimate parent company
MGM HOLDINGS INC
#0077479
METRO-GOLDWYN-MAYER STUDIOS INC
#0018179
2 parents
MGM TELEVISION (EUROPE) LIMITED
03472097
mgm television (europe) limited directors
Mgm Television (Europe) Limited currently has 2 directors. The longest serving directors include Mr David Clapham (Sep 2005) and Mr Ajay Patel (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Clapham | United Kingdom | 74 years | Sep 2005 | - | Director |
| Mr Ajay Patel | United Kingdom | 55 years | Aug 2024 | - | Director |
P&L
December 2023turnover
1.4m
-84%
operating profit
224k
-65%
gross margin
96.7%
-2.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.9m
+0.55%
total assets
11m
+0.22%
cash
1.1m
+2.91%
net assets
Total assets minus all liabilities
mgm television (europe) limited company details
company number
03472097
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
November 1997
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
fullindex limited (January 1998)
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
12 helmet row, london, EC1V 3QJ
Bank
J P MORGAN CHASE BANK
Legal Advisor
-
mgm television (europe) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mgm television (europe) limited.
mgm television (europe) limited Companies House Filings - See Documents
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